Publication:
Corporate Governance Country Assessment : Azerbaijan

dc.contributor.author World Bank
dc.date.accessioned 2014-10-16T18:26:44Z
dc.date.available 2014-10-16T18:26:44Z
dc.date.issued 2009-09
dc.description.abstract This report assesses Azerbaijan's corporate governance policy framework. It highlights recent improvements in corporate governance regulation, makes policy recommendations, and provides investors with a benchmark against which to measure corporate governance in Azerbaijan. It is an update of the 2005 Corporate Governance ROSC. In recent years, Azerbaijan's economy has experienced tremendous economic growth and the substantial institutional and legal change of earlier years has continued. New laws and regulations have improved legal protection for investors and the broader business environment. These include 2007 laws on insurance activity and internal audit, and 2008 amendments to the civil code and regulations that introduce board member duties and regulate related party transaction. Azerbaijan's Doing Business rankings have improved substantially since 2005. Enforcement and implementation of corporate governance has also begun to improve, especially in banks and companies with foreign investment. Foreign donors, including the International Finance Corporation (IFC) Azerbaijan Corporate Governance Project, have been helpful in this area. en
dc.identifier http://documents.worldbank.org/curated/en/2009/09/20220672/azerbaijan-report-observance-standards-codes-rosc-corporate-governance-country-assessment
dc.identifier.uri http://hdl.handle.net/10986/20451
dc.language English
dc.language.iso en_US
dc.publisher Washington, DC
dc.rights CC BY 3.0 IGO
dc.rights.uri http://creativecommons.org/licenses/by/3.0/igo/
dc.subject CORPORATE GOVERNANCE POLICY FRAMEWORK
dc.subject DOING BUSINESS
dc.subject ECONOMIC GROWTH
dc.subject FOREIGN DONORS
dc.subject LEGAL PROTECTION
dc.title Corporate Governance Country Assessment : Azerbaijan en
dspace.entity.type Publication
okr.date.disclosure 2014-09-19
okr.doctype Economic & Sector Work :: Corporate Governance Assessment (ROSC)
okr.docurl http://documents.worldbank.org/curated/en/2009/09/20220672/azerbaijan-report-observance-standards-codes-rosc-corporate-governance-country-assessment
okr.globalpractice Governance
okr.globalpractice Finance and Markets
okr.identifier.externaldocumentum 000442464_20140919105417
okr.identifier.internaldocumentum 20220672
okr.identifier.report 62533
okr.language.supported en
okr.pdfurl http://www-wds.worldbank.org/external/default/WDSContentServer/WDSP/IB/2014/09/19/000442464_20140919105417/Rendered/PDF/625330REVISED00baijan0200900PUBLIC0.pdf en
okr.region.administrative Europe and Central Asia
okr.region.country Azerbaijan
okr.region.country Azerbaijan
okr.sector Finance
okr.sector Industry and trade
okr.topic Governance :: National Governance
okr.topic Finance and Financial Sector Development :: Debt Markets
okr.topic Finance and Financial Sector Development :: Mutual Funds
okr.topic Law and Development :: Corporate Law
okr.topic Private Sector Development :: Emerging Markets
okr.unit Corporate Governance - WB (FCMCG)
okr.volume 1 of 1
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